Michigan State University Federal Credit Union has entered into a definitive purchase and assumption agreement with Algonquin, IL based Algonquin State Bank and its parent holding company, First Algonquin Company.
Vedder Price opened a new office in Miami. Kenneth Gerasimovich will join the Miami office as a new shareholder in the firm’s finance and transactions practice area and be joined by several other Vedder Price attorneys.
Vmo Aircraft Leasing closed a five-year, $600 million senior secured warehouse facility. Credit Suisse Securities and Natixis Corporate and Investment Bank are the co-structuring agents and joint lead arrangers of the facility. UMB Bank is the administrative agent and the security trustee.
Enova International entered into a definitive agreement to acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million.
Vedder Price said it recently advised Credit Suisse, agent for the lender group, in structuring a $725 million warehouse facility for Hong Kong Aviation Capital.
Vedder Price advised Credit Suisse, agent for the lender group, in structuring a $725 million warehouse facility for Hong Kong Aviation Capital.